Overview Financials News + Filings Key Docs Charts Ownership Insiders
|
| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Regulated | 3,384.0 | 3,255.0 | 3,094.0 | 2,984.0 | 2,958.0 | 2,871.0 | 2,743.0 | |
| Market-Based | 563.0 | 540.0 | 539.0 | 476.0 | 422.0 | 451.0 | 434.0 | |
| Total revenues | 3,914.0 | 3,743.0 | 3,587.0 | 3,440.0 | 3,357.0 | 3,302.0 | 3,159.0 | 3,011.0 |
| Revenue growth [+] | 4.6% | 4.3% | 4.3% | 2.5% | 1.7% | 4.5% | 4.9% | 4.6% |
| Regulated | 4.0% | 5.2% | 3.7% | 0.9% | 3.0% | 4.7% | | |
| Market-Based | 4.3% | 0.2% | 13.2% | 12.8% | -6.4% | 3.9% | | |
| Cost of goods sold [+] | 1,777.0 | 1,622.0 | 1,534.0 | 1,479.0 | 1,369.0 | 1,499.0 | 1,404.0 | 1,350.0 |
| Other cost of sales | | | -10.0 | | | | | |
| Maintenance and operations costs | | | 1,544.0 | | | | | |
| Gross profit | 2,137.0 | 2,121.0 | 2,053.0 | 1,961.0 | 1,988.0 | 1,803.0 | 1,755.0 | 1,661.0 |
| Gross margin | 54.6% | 56.7% | 57.2% | 57.0% | 59.2% | 54.6% | 55.6% | 55.2% |
| Selling, general and administrative | 2,734.0 | 2,529.0 | 2,396.0 | 2,338.0 | 2,104.0 | 2,217.0 | 2,084.0 | 658.0 |
| Other operating expenses | -1,793.0 | -1,656.0 | -1,557.0 | -1,516.0 | -1,353.0 | -1,489.0 | -1,401.0 | 2.0 |
| EBITDA [+] | 1,832.0 | 1,852.0 | 1,796.0 | 1,684.0 | 1,729.0 | 1,545.0 | 1,512.0 | 1,425.0 |
| EBITDA growth | -1.1% | 3.1% | 6.7% | -2.6% | 11.9% | 2.2% | 6.1% | 5.1% |
| EBITDA margin | 46.8% | 49.5% | 50.1% | 49.0% | 51.5% | 46.8% | 47.9% | 47.3% |
| Depreciation | 627.0 | 592.0 | 568.0 | 533.0 | 488.0 | 466.0 | 440.0 | 424.0 |
| EBITA | 1,205.0 | 1,260.0 | 1,228.0 | 1,151.0 | 1,241.0 | 1,079.0 | 1,072.0 | 1,001.0 |
| EBITA margin | 30.8% | 33.7% | 34.2% | 33.5% | 37.0% | 32.7% | 33.9% | 33.2% |
| Amortization of intangibles | 9.0 | 12.0 | 14.0 | 12.0 | 4.0 | 4.0 | | |
| EBIT [+] | 1,196.0 | 1,248.0 | 1,214.0 | 1,139.0 | 1,237.0 | 1,075.0 | 1,072.0 | 1,001.0 |
| EBIT growth | -4.2% | 2.8% | 6.6% | -7.9% | 15.1% | 0.3% | 7.1% | 5.5% |
| EBIT margin | 30.6% | 33.3% | 33.8% | 33.1% | 36.8% | 32.6% | 33.9% | 33.2% |
| Non-recurring items [+] | | | | 37.0 | -16.0 | -10.0 | -3.0 | -2.0 |
| Asset impairment | | | | 57.0 | | | | |
| Loss (gain) on sale of assets | | | | -20.0 | -16.0 | -10.0 | -3.0 | -2.0 |
| Interest expense, net [+] | 399.0 | 395.0 | 382.0 | 350.0 | 342.0 | 325.0 | 295.0 | 288.0 |
| Interest expense | 403.0 | 397.0 | 386.0 | 350.0 | 342.0 | 325.0 | 308.0 | 299.0 |
| Interest income | 4.0 | 2.0 | 4.0 | | | | 13.0 | 11.0 |
| Other income (expense), net [+] | 843.0 | 71.0 | 1.0 | 35.0 | 1.0 | 10.0 | 2.0 | -5.0 |
| Gain (loss) on sale of business | 747.0 | | -44.0 | | | | | |
| Gain (loss) on debt retirement | | | | | -7.0 | | | |
| Other | 18.0 | 22.0 | 29.0 | 15.0 | 17.0 | 15.0 | 15.0 | 6.0 |
| Pre-tax income | 1,640.0 | 924.0 | 833.0 | 787.0 | 912.0 | 770.0 | 782.0 | 710.0 |
| Income taxes | 377.0 | 215.0 | 212.0 | 222.0 | 486.0 | 302.0 | 306.0 | 280.0 |
| Tax rate | 23.0% | 23.3% | 25.5% | 28.2% | 53.3% | 39.2% | 39.1% | 39.4% |
| Minority interest | | | | -2.0 | | | | |
| Earnings from continuing ops | 1,263.0 | 709.0 | 621.0 | 567.0 | 426.0 | 468.0 | 476.0 | 430.0 |
| Earnings from discontinued ops | | | | | | | | -7.0 |
| Net income | 1,263.0 | 709.0 | 621.0 | 567.0 | 426.0 | 468.0 | 476.0 | 423.0 |
| Net margin | 32.3% | 18.9% | 17.3% | 16.5% | 12.7% | 14.2% | 15.1% | 14.0% |
| |
| Basic EPS [+] | $6.94 | $3.92 | $3.43 | $3.15 | $2.39 | $2.63 | $2.66 | $2.40 |
| Growth | 77.2% | 14.2% | 8.9% | 31.6% | -9.0% | -1.1% | 10.7% | 15.3% |
| Diluted EPS [+] | $6.94 | $3.90 | $3.43 | $3.15 | $2.38 | $2.61 | $2.64 | $2.39 |
| Growth | 78.1% | 13.5% | 8.9% | 32.4% | -9.0% | -1.1% | 10.7% | 15.3% |
| |
| Dividends per share [+] | $2.41 | $2.20 | $2.00 | $1.82 | $1.66 | $1.50 | $1.36 | $1.24 |
| Growth | 9.5% | 10.0% | 9.9% | 9.6% | 10.7% | 10.3% | 9.7% | 10.7% |
| |
| Shares outstanding (basic) [+] | 182.0 | 181.0 | 181.0 | 180.0 | 178.0 | 178.0 | 179.0 | 179.0 |
| Growth | 0.6% | 0.0% | 0.6% | 1.1% | 0.0% | -0.6% | 0.0% | 0.6% |
| Shares outstanding (diluted) [+] | 182.0 | 182.0 | 181.0 | 180.0 | 179.0 | 179.0 | 180.0 | 180.0 |
| Growth | 0.0% | 0.6% | 0.6% | 0.6% | 0.0% | -0.6% | 0.0% | 0.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|